Reinsurance News

Will Nihan to lead SiriusPoint’s IMG as CEO

SiriusPoint Ltd., a global specialty insurer and reinsurer, has appointed Will Nihan as Chief Executive Officer (CEO) of International Medical Group (IMG), its wholly owned subsidiary and a global insurance benefits and assistance services. The ap...

Posted: Oct 21, 2025

KBRA anticipates resilience among catastrophe-exposed insurers

KBRA currently expects moderate weather-related loss activity, noting that, absent a particularly severe event, most insurers should be able to absorb storm-related losses through earnings or surplus without significantly affecting their overall c...

Posted: Oct 21, 2025

Previsico closes Series A funding round to accelerate global growth

Previsico, the actionable flood warning insurtech, has announced the successful close of its Series A funding round to accelerate its global expansion. The round included investment from Connecticut Innovations (CI), Connecticut’s strategic ventur...

Posted: Oct 21, 2025

Clear evidence re/insurance industry is still cyclical: W. R. Berkley CEO

Re/insurance market dynamics through the third quarter shows that the industry is still cyclical, and while there’s still margin in the property catastrophe reinsurance business, it is eroding and is no longer as attractive as it was in rece...

Posted: Oct 21, 2025

85% of insurers negatively impacted by third-party risks: Dun & Bradstreet

Insurance companies are facing growing third-party risk, with 85% of UK insurers and brokers having experienced negative impacts from such risks, according to a recent Dun & Bradstreet report. Dun & Bradstreet’s recent Financial Services &...

Posted: Oct 21, 2025

Helios confirms Tucker CEO appointment, adds Parsons as INED

Helios Underwriting, the publicly listed firm providing direct access to a range of syndicates at the specialist Lloyd’s insurance and reinsurance marketplace, has confirmed the appointment of Louis Tucker as CEO, alongside the hire of Joanna Pars...

Posted: Oct 21, 2025

Commitment to long-term stability will ensure enduring success: QBE Re’s Killourhy

Executives at QBE Re noted that while they have seen some market softening, it remains manageable where rates are adequate, with some pricing pressures expected in property at 1.1, the casualty market to remain broadly stable, and a focus on disci...

Posted: Oct 21, 2025

Echo Re adopts ACORD’s ADEPT platform for digital messaging with Gallagher Re

Echo Re has begun using ACORD Solutions Group’s ADEPT platform to receive digital accounting and claims messages from Gallagher Re, streamlining communication by eliminating manual downloads and enabling integration of all digital messages into it...

Posted: Oct 21, 2025

T&D Holdings invests in new Fortitude Re and Carlyle reinsurance sidecar

T&D Holdings, through its wholly owned subsidiary T&D United Capital Co., Ltd. (TDUC), has announced that it is investing in a new reinsurance sidecar vehicle facilitated by a limited partnership. TDUC has committed up to $250 million (app...

Posted: Oct 21, 2025

W. R. Berkley’s Q3’25 net income rises 40% to $511m

W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has reported year-on-year net income growth of 39.8% for the third quarter of 2025 to $511 million, compared to $365.63 million last year. For Q3’25, the co...

Posted: Oct 21, 2025

A return to the challenges of two to three years ago ‘out of the question’, says MAPFRE RE’s Meyerho...

Mark Meyerhoff, Chief Regional Officer, EMEA at Spanish reinsurer MAPFRE RE, has said that as brokers push for earnings protection and frequency covers, he considers “a return to the situation of two or three years ago to be out of the question.”...

Posted: Oct 21, 2025

RLI sees underwriting income expand in Q3’25 as CoR improves to 85.1%

RLI Corp. has reported Q3 2025 underwriting income of $60.5 million and a combined ratio of 85.1%, compared with $40.7 million and 89.6%, respectively, in the same period of 2024. Results for both years reportedly benefited from favourable develop...

Posted: Oct 21, 2025

Insurance, a growth enabler for resilient businesses in an increasingly fragmented world: Beazley

While a majority of global executives feel the risk environment is high, a significant and growing number are viewing resilience not as a defensive shield, but as a strategic path to growth, Beazley’s ‘Spotlight on Geopolitical & Economic Unce...

Posted: Oct 21, 2025

Peak Re secures KKR and Quadrantis Capital as new minority investors

Funds managed by KKR, a global investment firm and Quadrantis Capital, a Portuguese investment management business, have entered into definitive agreements to acquire minority stakes in Hong Kong-based global reinsurer, Peak Reinsurance Company Li...

Posted: Oct 21, 2025

Diversification key for reinsurer growth in current market conditions: Gallagher Re’s Egan

Around the 2025 Baden-Baden Reinsurance Meeting, Dave Egan, reinsurance broker Gallagher Re’s Head of International Property Practice Group , highlighted that in order to maintain relevance and foster growth, reinsurers need to expand their offeri...

Posted: Oct 21, 2025

Westfield Specialty Intl. appoints Sarah McNally as Head of Distribution

Westfield Specialty International, part of the Westfield Group, a global re/insurance business with a growing presence in specialty markets, has appointed Sarah McNally as Head of Distribution, a newly created role. Based in London, McNally will r...

Posted: Oct 21, 2025

Vienna Insurance Group to acquire NÜRNBERGER Beteiligungs-AG

Vienna Insurance Group (VIG), an insurance group in Central and Eastern Europe, has signed a Business Combination Agreement with NÜRNBERGER Beteiligungs-AG. Under this agreement, VIG will make a voluntary public purchase offer to the shareholders...

Posted: Oct 21, 2025

Gallagher Re adds Andrew Phelan as Chairman of Global Credit, Surety, and Political Risk

Gallagher Re, a global reinsurance brokerage and risk advisory firm, has appointed Andrew Phelan as Chairman of Global Credit, Surety (except US), and Political Risk. In his new role, Phelan will be based in Bermuda and focus on expanding the brok...

Posted: Oct 20, 2025

Nothing unexpected in conversations around price and T&Cs ahead of renewals: Hannover Re’s Steinmann

Thorsten Steinmann, CEO of E+S Rück and Member of the Executive Board for Hannover Re, said today that with many reinsurers achieving a return on equity (ROE) of more than 20%, it’s normal to have conversations around price and terms and con...

Posted: Oct 20, 2025

Acrisure Re names Dan Morrison as SVP

Acrisure Re, the re/insurance division of global fintech company Acrisure, has announced the appointment of Dan Morrison as Senior Vice President (SVP). In his new role, Morrison will support Acrisure’s in-house U.S. delegated underwriting team, a...

Posted: Oct 20, 2025

Property renewal rates decline amid stable market conditions: CRC Group

CRC Group, a wholesale insurance services provider, reports the findings of its Property REDY® Index for the third quarter of 2025, revealing a continuation of the softening landscape. The REDY Index uses CRC Group’s extensive collection of indust...

Posted: Oct 20, 2025

Laurence Upton to lead Marine and Aviation at Tysers

Tysers, an independent Lloyd’s insurance broker and part of the Australian AUB Group, has appointed Laurence Upton as Director of its Marine and Aviation Division. In his new role, Upton will drive the development of Tysers’ London market Facultat...

Posted: Oct 20, 2025

MNK International continues global expansion with new Türkiye acquisition

MNK International, an independent Lloyd’s broker, has expanded its global presence with a new broker acquisition in Türkiye. With operations headquartered in Istanbul, MNK International Türkiye will focus on insurance and reinsurance solutions acr...

Posted: Oct 20, 2025

NewRe highlights key risk drivers in the European casualty market: Urban & Braune

While broad shifts across the European casualty market are not expected, certain segments are experiencing the effects of key risk factors. Iris Urban, Chief Underwriting Officer P&C at NewRe, noted that developments such as claims inflation a...

Posted: Oct 20, 2025

Brown & Brown names COO Steve Hearn as President of Retail segment

Steve Hearn has been named as President of the Retail segment at insurance brokerage firm Brown & Brown, Inc. , a new role he will hold while continuing his responsibilities as the company’s Chief Operating Officer (COO). His appointment is a...

Posted: Oct 20, 2025